United Rentals, Inc. (URI): Q4 2019 Earnings Snapshot

—  United Rentals, Inc. (NYSE: URI) reported earnings
of $5.60 per share in the fourth-quarter 2019, vs. $5.21 per share expected.

— Total revenue
rose 6.5% $2.45 billion, vs. $2.41 billion expected, helped by 3.7% growth in
rental revenues.

— For FY20, expects $9.4 – $9.8 billion in total revenues and $4.35 – $4.55 billion in adjusted EBITDA.

— URI stock was
modestly up immediately following the announcement.

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